What is CNL's dilution risk score?

CNL has a latest available DilutionScore record of 36/100, categorized as medium dilution risk by the DilutionWatch scoring model. DilutionWatch displays SEC filing and dilution indicators for CNL, including shelf registrations, ATM offerings, warrant exercises, PIPE deals, and reverse split signals when detected in source data.

What SEC filings does DilutionWatch track for CNL?

DilutionWatch tracks 25 SEC filing types for CNL including S-3 shelf registrations, 424B prospectuses (ATM offerings), S-1 registration statements, 8-K material events, warrant exercise notices, convertible note agreements, and Form 4 insider transactions. Alerts are delivered via email within minutes of a filing appearing on EDGAR.

How does stock dilution affect CNL shareholders?

Stock dilution occurs when a company issues new shares, reducing the ownership percentage of existing shareholders. For CNL, common dilution events include at-the-market (ATM) stock offerings, shelf registration drawdowns, warrant exercises, and convertible note conversions. Each event increases the share count and can pressure the stock price lower.

Is DilutionWatch free for CNL tracking?

DilutionWatch provides a free tier that shows DilutionScores and basic filing history for CNL. Premium plans ($19.95/month Basic, $39.95/month Premium) unlock real-time email alerts, the full Pulse™ feed, advanced dilution forecasts, and access to all 10,000+ tracked tickers.

CNL Dilution Risk Score: 36/100 (MEDIUM)

Score Breakdown

📋 Offering Ability

💰 Cash Runway

📊 Float Risk

⚠️ Warrant Exposure

🔄 Convertible Debt

Dilution Forecast

☀️

Clear

No significant dilution signals

model est. 0%

No significant dilution signals detected for CNL.

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Market Data

Market Cap$1.11B

Shares Outstanding92.54M

Float49.82M

Cash$113.33M

Debt$18.83M

Short InterestN/A

Source-Backed Evidence Depth

This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.

Field	Current Value	Basis
DilutionScore	36/100	DilutionWatch score record
Shares Outstanding	92.54M	Verified float table or market cache
Public Float	49.82M	Verified float table or market cache
Market Cap	$1.11B	Market data cache
Cash Runway	Not available	DilutionWatch score inputs
Shelf Capacity	None in current score inputs	SEC-derived dilution fields
ATM Capacity	None in current score inputs	SEC-derived dilution fields
Outstanding Warrants	None in current score inputs	SEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 0.

The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.

Institutional Holdings

QoQ: ↑ 16.6% shares (2026Q1 vs prior)

49 institutional holders · 33.52M shares

#1 Helikon Investments Ltd 10.98M shares

#2 JUPITER ASSET MANAGEMENT LTD 7.10M shares

#3 WELLINGTON MANAGEMENT GROUP LLP 3.75M shares

+ 17 more holders Sign up free to view →

Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.

Short Interest

Short Interest2.06M

Days to Cover10.6

% of Float4.1%

FINRA data as of Sep 30, 2026

Recent SEC Activity

No recent SEC insights

Recent News

No recent news available for this ticker.

DilutionScore History — Last 90 Days

CNL's DilutionScore has held steady at 36/100 (Medium risk) for 89 consecutive days across the tracked period.

Period	Score	Risk Level	Duration
Jul 16 – Oct 13, 2026	36/100	MEDIUM	89 days

Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.

Share Dilution History

CNL shares outstanding have increased 0.3% from 92.26M (Mar 2026) to 92.58M (May 2026). Each increase represents potential dilution to existing shareholders.

Date	Shares Outstanding	Public Float	Change
May 16, 2026	92.58M	49.82M	▼ 0.02%
May 11, 2026	92.58M	49.83M	▼ 0.66%
Apr 10, 2026	92.58M	50.16M	▲ 0.29%
Apr 07, 2026	92.54M	50.01M	▲ 0.34%
Mar 21, 2026	92.26M	49.85M	▲ 8.96%

Share counts sourced from verified regulatory filings. Increases indicate dilution events.

Track CNL Dilution Risk in Real-Time

DilutionWatch monitors SEC filings 24/7 and alerts you the moment CNL files a shelf registration, ATM offering, warrant notice, or convertible note. Free tier available — no credit card required.

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